Supply chain crisis shows signs of gradually easing

11/18/2021 11:44 AM

Slowly but surely, the supply chain bottlenecks that have plagued the global economy for over a year appear to be easing—or at least have been circumvented. The country’s largest retailers all said in unison this week that supply chain snags won’t play the role of the...

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Definity raises $1.4B in largest Canadian IPO of 2021

11/18/2021 11:32 AM

Definity Financial Corp., the property and casualty insurer formerly known as Economical Mutual Insurance Co., raised about $1.4 billion (US$1.1 billion) in the largest Canadian initial public offering of the year. A total of 63.6 million shares were sold for $22...

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Schachter’s Eye on Energy for November 17th

11/17/2021 11:41 AM

Each week Josef Schachter gives you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold  newsletter covering the general energy market and 30 energy, energy service and pipeline &...

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Another Fine Mess

11/17/2021 11:39 AM

“This is a fine mess that you’ve gotten us into Ollie” ~ Stan Laurel to Oliver Hardy in Another Fine Mess 1930 Maybe “Houston, we have a problem” from the movie Apollo 13 is more apropos. We’re dealing with significant increases in inflation, record government debt,...

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Australian baseball club Perth Heat to pay athletes in Bitcoin

11/17/2021 10:53 AM

Australian baseball club Perth Heat has announced a partnership with Bitcoin payment processor OpenNode to accept and make payments in Bitcoin (BTC). The partnership allows Perth Heat to pay professional players and staff in Bitcoin. According to the announcement, the...

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